HR 1041
104th Congress
House
Taxation
Aliens
Dividends
Finance and Financial Sector
Immigration
Income tax
Interest
Law
Mutual funds
Real estate investment
Tax exclusion
Trusts and trustees
To amend the Internal Revenue Code of 1986 to provide an exclusion for all dividends and interest received by individuals.
Introduced: February 24, 1995
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 1995
Referred to the House Committee on Ways and Means.
Feb 24, 1995
Sponsor introductory remarks on measure. (CR E437)
Feb 24, 1995
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to exclude from an individual's gross income: (1) dividends received from domestic corporations; and (2) interest.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1